DOTP price consolidation this week
Polyglutamic acid |
According to the data monitoring of the business community, as of December 26, the average DOTP price was 9962.50 yuan/ton, up 0.63% from the average price of 9900 yuan/ton on December 18. Weak demand for cost consolidation and consolidation of DOTP price.
Raw material price consolidation this week
According to the data of the business association; As of December 26, the price of isooctanol was 9833.33 yuan/ton, up 1.72% from 9666.67 yuan/ton on December 18. The effect of easing epidemic prevention and control was less than expected, the price of isooctanol was consolidated, the cost of DOTP was adjusted by shocks, and the momentum for DOTP to rise remained.
According to the data of the business community, as of December 26, the PTA price was 5541.82 yuan/ton, up 3.78% from the price of 5340 yuan/ton on December 18. International crude oil prices rose in shock, PTA costs rose, PTA demand remained stable, and PTA prices rose in shock.
Future market expectation
Analysts of DOTP data from the business association believe that the price of plasticizer DOTP raw materials, such as isooctanol and PTA, rose sharply this week, and the cost of plasticizer DOTP raw materials rose. On the whole, the demand for DOTP cost rise was less than expected, DOTP prices were consolidated, and it was expected that DOTP would become stable in the future.
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